Bloomberg Ferrari plans to significantly expand its factory in northern Italy as part of the electrification strategy it will unveil during a highly anticipated briefing next week. The supercar manufacturer has snapped up space near its Maranello plant and started clearing way for a third production line that will be dedicated to making hybrid and electric vehicles. The expansion …

  Bloomberg Facebook parent company Meta Platforms Inc has halted development of a smartwatch with dual cameras and is instead working on other devices for the wrist, according to a person with knowledge of the matter. The device, which has been in development for at least two years, was designed to include several features common in other smartwatches, including activity …

  Bloomberg President Joe Biden’s plan to kick-start domestic solar-panel manufacturing depends for now on a federal fund with less than a half billion dollars that’s already being tapped to pay for products including military drones and baby formula. That funding—even if fully dedicated to solar production—would only be enough to open a few factories capable of cranking out a …